Directel Holdings Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	17.89	26.57	14.59	15.86	29.52
Short-Term Investments	3.25	3.06	4.36	3.17	3.24
Cash & Short-Term Investments	21.14	29.63	18.96	19.02	32.77
Cash Growth	-28.66%	56.32%	-0.36%	-41.94%	-20.92%
Accounts Receivable	8.99	8.9	16.28	21.41	24.03
Other Receivables	0.21	0.35	0.21	0.32	0.34
Receivables	9.19	9.25	16.49	21.73	24.37
Inventory	0.08	0.98	1.41	2.4	0.87
Other Current Assets	0.24	0.23	0.2	0.2	0.2
Total Current Assets	30.65	40.1	37.05	43.35	58.21
Property, Plant & Equipment	0.76	0.58	1.07	2.68	4.22
Long-Term Investments	0.92	1.06	1.01	2.61	1.56
Other Long-Term Assets	0.59	-	-	-	-
Total Assets	32.92	41.73	39.14	48.64	63.99
Accounts Payable	3.4	3.53	3.29	3.13	3.08
Accrued Expenses	2.48	2.49	3.22	2.54	2.89
Current Portion of Leases	0.53	0.43	0.59	0.74	0.72
Current Income Taxes Payable	-	0	-	0.01	0.02
Current Unearned Revenue	0.04	0.05	0.01	0.52	0.15
Total Current Liabilities	6.46	6.49	7.11	6.93	6.86
Long-Term Leases	0.17	0.06	0.22	0.34	0.51
Pension & Post-Retirement Benefits	0.25	0.33	0.33	-	-
Long-Term Deferred Tax Liabilities	0.03	0.06	0.11	0.34	0.59
Total Liabilities	6.91	6.94	7.76	7.61	7.96
Common Stock	48.98	48.98	36.98	36.98	36.98
Additional Paid-In Capital	74.29	74.29	74.52	74.52	74.52
Retained Earnings	-94.26	-85.26	-77.16	-67.13	-54.82
Comprehensive Income & Other	-3	-3.21	-2.96	-3.37	-0.7
Total Common Equity	26.01	34.8	31.37	40.99	55.98
Minority Interest	-	-	-	0.04	0.05
Shareholders' Equity	26.01	34.8	31.37	41.03	56.02
Total Liabilities & Equity	32.92	41.73	39.14	48.64	63.99
Total Debt	0.71	0.48	0.81	1.08	1.23
Net Cash (Debt)	20.43	29.15	18.15	17.95	31.53
Net Cash Growth	-29.90%	60.64%	1.11%	-43.09%	-21.21%
Net Cash Per Share	0.08	0.16	0.10	0.10	0.17
Filing Date Shares Outstanding	244.88	244.88	184.88	184.88	184.88
Total Common Shares Outstanding	244.88	244.88	184.88	184.88	184.88
Working Capital	24.19	33.61	29.95	36.43	51.36
Book Value Per Share	0.11	0.14	0.17	0.22	0.30
Tangible Book Value	26.01	34.8	31.37	40.99	55.98
Tangible Book Value Per Share	0.11	0.14	0.17	0.22	0.30
Machinery	40.53	40.08	39.8	39.39	38.84
Leasehold Improvements	1.86	1.86	1.86	1.86	1.86

Source: S&P Global Market Intelligence. Standard template. Financial Sources.